Have your circumstances changed or is your mortgage term up?
It could be time to look at your options, such as:
Looking to make changes to your mortgage? Find out which option is best for you.
When to renew your mortgage?
Renewing your mortgage can take place without penalty up to 90 days prior to the end of your term, but no later than the maturity date.
What does renewing mean?
Renewing your mortgage is a good idea if you have come to the end of your term and have to renegotiate the interest rate and term.
How to renew
Get in touch with your East Coast CU mortgage advisor to talk about your plans for renewing. We will guide you through your options.
When to refinance your mortgage?
Refinancing is the way to go when you want to add funds to your mortgage, borrow money against your homes equity, or shorten and change the terms of your mortgage.
What does refinancing mean?
Refinancing your mortgage means you change the term, interest rate, and amount owing by paying off your existing mortgage with a new mortgage that has up-to-date terms and a current rate.
How to refinance
Get in touch with your East Coast CU mortgage advisor to discuss your plans to re-finance. We’ll steer you in the right direction.
Renos don’t have to be stressful. Get useful info on financing options, so all you’ll have to worry about is what paint colour to choose.
This detailed checklist will help you keep track of all the extra costs that sneak up (and add up!) when buying a home.
Welcome to homeownership, where maintenance is a year-round job. Be prepared for every season, and the changes they bring to your home and your budget.
Use our mortgage calculator to compare products and get an idea of what your home ownership budget might look like.
These calculators are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your branch to seek personalized advice from qualified professionals for all personal finance issues.
